CLO Structurer, Spread Products (Hybrid)

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

#LI-BA1

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation



• Financial soundness



• Competence and capability


In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.


• To be considered for this role, you will need to have prior knowledge and experience in securitisation, with CLO experience preferred.


• A history of building and maintaining relationships with various partners including traders, salespersons, bankers as well as clients.


• An understanding of how to assess the risk/reward of transactions when making business decisions, demonstrating proper consideration for the firm's reputation, its clients, and assets, by driving compliance with applicable laws, rules, and regulations.


• Strong analytical / modelling skills with high attention to detail.


• Degree educated, ideally in Maths / Science / Engineering / Economics / other numerically based financial/economics based degree or law school
  
  Citi are looking to hire an Collateralized Loan Obligation (CLO) Structurer to join the highly successful Spread Products business in London.


By joining Citi's CLO business, you will be a key member of the desk focussing on arranging, structuring and distributing CLOs for asset managers in the EMEA region. The focus of your role will be structuring, distribution and syndication of EMEA New Issue CLOs, as well as working on deal documentation and ultimately being able to execute a deal from start to finish including the distribution/syndication of the transaction.

What you will do will be varied day to day, but the key drivers for the role are:

• Running the CLO issuance process including modelling of CLO deal for both investor runs and rating agency analysis.


• Leading discussions on legal documentation for new deals, and syndication and distribution process on each transaction.


• Lead strong governance and controls through close partnerships with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure.


• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
  
  By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:


• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure


• A discretional annual performance related bonus


• Private medical insurance packages to suit your personal circumstances


• Employee Assistance Program


• Pension Plan


• Paid Parental Leave


• Special discounts for employees, family, and friends


• Access to an array of learning and development resources


Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.